Bitcoin Price Down: Here's What We're Watching

Bitcoin Price Down: Here's What We're Watching

The bitcoin price has struggled over the last couple of days, as we have seen a number of sharp breaks of support translate to some downside momentum. However, today, following yesterday's break, action has ranged throughout the majority of the day, and we are now trading just shy of a key level that - if broken - could spark a reversal and finally give us some bullish action in the bitcoin price this evening. That said, if current levels hold, it is likely that overnight we will see a return to the overarching bearish momentum. So, what are the levels that we are keeping an eye on in the....


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Quotes

I think Bitcoin may very well be the best form of money we’ve ever seen in the history of civilization.

Wences Casares, Technology Entrepreneur. Founder of Banco Lemon, the winner of Xbox game of the year